MSA Safety (MSA)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 206,688 | 238,533 | 23,156 | 167,086 | 184,543 |
| Revenue | US$ in thousands | 1,787,650 | 1,527,950 | 1,400,180 | 1,348,220 | 1,401,980 |
| Pretax margin | 11.56% | 15.61% | 1.65% | 12.39% | 13.16% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $206,688K ÷ $1,787,650K
= 11.56%
The pretax margin of MSA Safety Inc has shown some fluctuations over the past five years.
In 2023, the pretax margin was 11.56%, which represents a decrease from the previous year's figure of 15.61%. This decline indicates that the company's profitability before taxes decreased in comparison to the prior year.
Looking further back, in 2021, the pretax margin was relatively low at 1.69%, which might signify challenges faced by the company in that particular year.
In 2020 and 2019, the pretax margins were 12.10% and 13.11% respectively, showing some consistency in profitability levels during those years.
Overall, the pretax margin of MSA Safety Inc has varied over the past five years, with fluctuations that may be indicative of changes in the company's financial performance and efficiency in generating profits before tax obligations.
Peer comparison
Dec 31, 2023